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CAGE

Calamos Autocallable Growth ETF

Important Disclosure

Fund Stats

  • NAV

    $27.29

    $0.49 (1.76%)

    As of 5/15/26

  • Market Price

    $27.35

    As of 5/15/26

  • Total Net Assets

    $32.1 Million

    As of 5/15/26

  • Inception Date

    4/16/26

Calamos Autocallable Growth ETF Overview

Calamos Autocallable Growth ETF is the world's first Autocallable Growth ETF, and seeks to generate amplified long-term capital appreciation via synthetic exposure to a laddered portfolio of long-dated autocallable growth options, delivered via exposure to the MerQube US Large-Cap Vol Advantage Autocallable Growth Index (MQAUTOCG).

Key Features

  • Seeks Long-Term Amplified Growth. Designed to grow wealth at a significantly greater rate than the S&P 500 over time.
  • Built-in Memory Feature. Designed to store coupons in down markets and capture them in up markets.
  • Tax-Efficient Structure. All coupons reinvested and compound tax-deferred.

Portfolio Fit

Equity Model Allocation. Complement to or substitute for long-term core equity exposure.

Amplified Growth Allocation. 1.3 beta to S&P 500, designed as buy-and-hold solution (no daily leverage or vol drag).

Taxable Account Growth. Coupons not distributed, and no capital gains distributions anticipated.

Autocallable Dashboard

Current Analysis of MerQube US Large-Cap Vol Advantage Autocallable Growth Index

Data as of 5/15/2026

26.20%

Weighted Avg. Return

1.5 x

Coupon Multiplier

52

Live Autocallables

28.91%

Weighted Average Coupon

0%

Autocallables Near Maturity with Principal at Risk

4.0 years

Weighted Avg. Time to Maturity

Portfolio

A list of all fund holdings is made available daily through the link below.

View All Holdings

Holdings and weightings are subject to change daily. Holdings are provided for informational purposes only and should not be deemed as a recommendation to buy or sell the securities mentioned.

Holdings

As of 5/14/26
Holding %
Calamos Tax-Aware Collateral ETF 76.3%
United States Treasury Bill 16.9%
TRS RECEIVE MQAUTOCG: MerQube US Large-Cap Vol Adv AUTOCALL GROWTH IDX PAY US SOFR Rate +10bps - JPM 5.9%

Distributions

Schedule

Name Frequency
Distributions ANNUAL
Capital Gains ANNUAL

Pricing

Fund Details

As of 5/15/26
Detail Value
Ticker CAGE
NAV $27.29
Market Price $27.35
Premium/Discount 0.22%
Exchange NYSE Arca, Inc.
Inception Date 4/16/26

30 Day Median Bid/Ask

As of 5/14/26
30 Day Median Bid/Ask
0.20%

Premium / Discount

As of 5/15/26
Date Value
04/16/2026 0.04
04/17/2026 0.16
04/20/2026 0.04
04/21/2026 0.52
04/22/2026 0.04
04/23/2026 0.2
04/24/2026 0.23
04/27/2026 0.08
04/28/2026 0.16
04/29/2026 0.16
04/30/2026 0.46
05/01/2026 0.5
05/04/2026 0.31
05/05/2026 0.04
05/06/2026 0.52
05/07/2026 0.26
05/08/2026 0.59
05/11/2026 0.11
05/12/2026 0.14
05/13/2026 0.47
05/14/2026 0.47
05/15/2026 0.22

Premium and Discount

As of 5/14/26
Q1 2026 Q2 2026 Q3 2026 Q4 2026
Days Traded at Premium 0 21 -- --
Days Traded at Discount 0 0 -- --

The above chart presents information about the difference between the daily market price for shares of the ETF and the ETF's net asset value. The market price displayed is the official closing price reported by the exchange​. The vertical axis of the chart shows the premium or discount expressed in basis points (bps). If the fund's market price exceeds its NAV, it is trading at a premium and is expressed by a positive value. If the fund's market price is below the NAV, the ETF is trading at a discount and is represented by a negative value. This value is recorded daily over the time period displayed along the horizontal axis.

Fees & Expenses

Fees & Expenses

Expense %
Management Fees 0.74%
Distribution and/or Service Fees (12b-1) 0.00%
Other Expenses1 0.00%
Acquired Fund Fees and Expenses 0.11%
Total Annual Fund Operating Expenses 0.85%
Fees Waived and/or Reiumbursed2 0.11%
Total Annual Fund Operating Expenses After Waiving and/or Reimbursing Expenses 0.74%

Fund Information

Name Fund
Inception Date 4/16/26
Ticker Symbol CAGE
CUSIP number 12811T522

Expenses and Fees as of the prospectus dated 4/16/26.

1“Other Expenses” is an estimate based on the expenses the Fund expects to incur for the current fiscal year.

2Calamos Advisors LLC has contractually agreed to waive fees owed to it by the Fund in the amount of the acquired fund fees and expenses for any affiliated investment company in which the Fund invests. The expense waiver arrangement may be terminated by Calamos Advisors LLC at any time on or after December 1, 2029.

Literature

About the Fund

Calamos Autocallable Growth ETF Fact Sheet

The Calamos Autocallable Growth ETF fact sheet provides a snapshot of the investment team and product strategy.

Prospectus and Reports

Summary Prospectus

This summary contains important information about the investment objective, fees and expenses, principal investment strategies, principal risks and performance.

Statutory Prospectus

You should read the accompanying prospectus and any accompanying prospectus supplement, which contain important information, before deciding whether to invest in our securities.

SAI

The statement of additional information is a supplementary document to the fund’s prospectus and contains additional information about the fund and includes further disclosure regarding its operations.

Calamos Financial Services LLC, Distributor

Check the background of the firm and its investment professionals on FINRA's BrokerCheck.

Before investing, carefully consider the fund's investment objectives, risks, charges and expenses. Please see the prospectus and summary prospectus containing this and other information which can be obtained by calling 1-866-363-9219. Read it carefully before investing.

©2026 Calamos Investments LLC. All Rights Reserved. Calamos®, Calamos Investments® and Investment strategies for your serious money® are registered trademarks of Calamos Investments LLC.

Calamos Investments LLC, referred to herein as Calamos Investments®, is a financial services company offering such services through its subsidiaries: Calamos Advisors LLC, Calamos Wealth Management LLC, Calamos Financial Services LLC and Calamos Antetokounmpo Asset Management LLC.

The personal data collected by Calamos on this website, or by any other means, is collected and stored in accordance with the General Data Protection Regulation (EU) 2016/679 ("GDPR").

Important Legal Information | Privacy Policy | Business Continuity | Code of Business Conduct and Ethics | ERISA 408(b)(2)

Important Fund Information

Before investing, carefully consider the Fund's investment objectives, risks, charges and expenses. Please see the prospectus and summary prospectus containing this and other information which can be obtained by calling 1-866-363-9219. Read it carefully before investing.

An investment in the Fund is subject to risks, and you could lose money on your investment in the Fund. There can be no assurance that the Fund will achieve its investment objective. Your investment in the Fund is not a deposit in a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency. The risks associated with an investment in the Fund can increase during times of significant market volatility. The Fund also has specific principal risks, which are described below. More detailed information regarding these risks can be found in the Fund's prospectus.

The principal risks of investing in the Calamos Autocallable Growth ETF include: authorized participant concentration risk, autocallable structure risk, contingent income risk, early redemption risk, barrier risk, calculation methodology risk, cash holdings risk, correlation risk, costs of buying and selling fund shares, counterparty risk, credit risk, derivatives risk, equity securities risk, FLEX Options risk, index risk, interest rate risk, investment in a subsidiary, laddered portfolio risk, liquidity risk, market maker risk, market risk, new fund risk, non-diversification risk, other investment companies risk, premium-discount risk, secondary market trading risk, swap agreement risk, tax risk, trading issues risk, valuation risk, and volatility target index risk.

Contingent Income Risk: Coupon payments from the Autocalls are not guaranteed and will not be made if the Underlying Index falls below the Coupon Barrier on observation dates. This means the Fund may generate significantly less income than anticipated during market downturns.

Early Redemption Risk: Autocalls in the Portfolio may be called before their scheduled maturity if the Underlying Reference Index reaches or exceeds the Autocall Barrier on observation dates. This automatic early redemption could force reinvestment of that portion of the portfolio at lower rates if market yields have declined.

Barrier Risk: If the Underlying Reference Index falls below the Protection Level Barrier at the maturity of an Autocall in the Portfolio, that portion of the Portfolio will be fully exposed to the negative performance of the Underlying Reference Index from its initial level. This conditional protection creates a binary outcome that can result in sudden, significant losses if barriers are breached.

The MerQube Large-Cap Vol Advantage Autocallable Growth Index (MQAUTOCG) aims to provide exposure to a hypothetical portfolio of synthetic autocallable growth securities with the MerQube US Large-Cap Vol Advantage Index (MQUSLVA) as the reference underlying asset. The MerQube US Large Cap Vol Advantage Index (MQUSLVA) provides variable exposure to E-mini S&P 500® Futures, with the objective of targeting a 35% implied volatility.

The S&P 500 Price Index (SPX) tracks the price return of the S&P 500 Index, which is generally considered representative of the US stock market.

Notes

30-day SEC yield reflects the dividends and interest earned by the Fund during the 30-day period ended as of the date stated above after deducting the Fund's expenses for that same period.

Distribution yield is calculated by annualizing the Fund's most recent distribution paid and dividing by the Fund's NAV as of the date of the period presented. Distributions may include interest and/or dividend income that represents the income accrued by the Fund during the period and are not guaranteed. Distribution Yield is based on distributions made in the past and therefore may not be reflective of the Fund's current portfolio.

Market price refers to the price at which shares of the fund trade in the market.

NAV or Net asset value refers to the net value of all the assets held in the fund on a per share basis.

CUSIP identifiers have been provided by CUSIP Global Services, managed on behalf of the American Bankers Association by S&P Global Market Intelligence LLC, and are not for use or dissemination in a manner that would serve as a substitute for any CUSIP service. The CUSIP Database, © 2011 American Bankers Association. "CUSIP" is a registered trademark of the American Bankers Association.

NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE